SEIX vs. FLTR
SEIX (Virtus Seix Senior Loan ETF) and FLTR (VanEck Vectors Investment Grade Floating Rate ETF) are both exchange-traded funds - SEIX is a Bank Loan fund tracking the Credit Suisse Leveraged Loan Index, while FLTR is a Corporate Bonds fund tracking the MVIS US Investment Grade Floating Rate Index. Both are passively managed. Over the past 5 years, SEIX returned 5.74%/yr vs 4.50%/yr for FLTR. At a 0.16 correlation, their price movements are largely independent. SEIX charges 0.57%/yr vs 0.14%/yr for FLTR.
Performance
SEIX vs. FLTR - Performance Comparison
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Returns By Period
In the year-to-date period, SEIX achieves a 2.06% return, which is significantly higher than FLTR's 1.95% return.
SEIX
- 1D
- -0.02%
- 1M
- 0.36%
- YTD
- 2.06%
- 6M
- 2.65%
- 1Y
- 6.04%
- 3Y*
- 8.06%
- 5Y*
- 5.74%
- 10Y*
- —
FLTR
- 1D
- 0.04%
- 1M
- 0.50%
- YTD
- 1.95%
- 6M
- 2.48%
- 1Y
- 5.30%
- 3Y*
- 6.10%
- 5Y*
- 4.50%
- 10Y*
- 3.50%
SEIX vs. FLTR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
SEIX Virtus Seix Senior Loan ETF | 2.06% | 5.10% | 8.42% | 12.51% | -1.77% | 5.49% | 3.17% | 3.46% |
FLTR VanEck Vectors Investment Grade Floating Rate ETF | 1.95% | 5.22% | 7.38% | 7.41% | 0.74% | 0.55% | 1.44% | 2.65% |
Correlation
The correlation between SEIX and FLTR is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Apr 26, 2019 | 0.16 |
The correlation between SEIX and FLTR shifts across timeframes, from 0.16 (all time) to 0.33 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
SEIX vs. FLTR — Risk / Return Rank
SEIX
FLTR
SEIX vs. FLTR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtus Seix Senior Loan ETF (SEIX) and VanEck Vectors Investment Grade Floating Rate ETF (FLTR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| SEIX | FLTR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.00 | ||
| Sortino ratioReturn per unit of downside risk | -6.65 | ||
| Omega ratioGain probability vs. loss probability | 1.85 | 3.15 | -1.30 |
| Calmar ratioReturn relative to maximum drawdown | 5.37 | 16.96 | -11.59 |
| Martin ratioReturn relative to average drawdown | 21.50 | 101.22 | -79.73 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SEIX | FLTR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.77 | 6.77 | -3.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.97 | 2.12 | -0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.70 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.23 | 0.53 | +0.71 |
Drawdowns
SEIX vs. FLTR - Drawdown Comparison
The maximum SEIX drawdown since its inception was -17.51%, roughly equal to the maximum FLTR drawdown of -17.84%. Use the drawdown chart below to compare losses from any high point for SEIX and FLTR.
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Drawdown Indicators
| SEIX | FLTR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.51% | -17.84% | +0.33% |
Max Drawdown (1Y)Largest decline over 1 year | -1.13% | -0.31% | -0.82% |
Max Drawdown (3Y)Largest decline over 3 years | -3.01% | -1.93% | -1.08% |
Max Drawdown (5Y)Largest decline over 5 years | -6.69% | -3.06% | -3.63% |
Max Drawdown (10Y)Largest decline over 10 years | — | -17.84% | — |
Current DrawdownCurrent decline from peak | -0.09% | 0.00% | -0.09% |
Average DrawdownAverage peak-to-trough decline | -0.87% | -0.67% | -0.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.28% | 0.05% | +0.23% |
Volatility
SEIX vs. FLTR - Volatility Comparison
Virtus Seix Senior Loan ETF (SEIX) has a higher volatility of 0.34% compared to VanEck Vectors Investment Grade Floating Rate ETF (FLTR) at 0.25%. This indicates that SEIX's price experiences larger fluctuations and is considered to be riskier than FLTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SEIX | FLTR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.34% | 0.25% | +0.09% |
Volatility (6M)Calculated over the trailing 6-month period | 1.29% | 0.62% | +0.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.61% | 0.79% | +0.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.93% | 2.13% | +0.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.34% | 5.00% | -0.66% |
SEIX vs. FLTR - Expense Ratio Comparison
SEIX has a 0.57% expense ratio, which is higher than FLTR's 0.14% expense ratio.
Dividends
SEIX vs. FLTR - Dividend Comparison
SEIX's dividend yield for the trailing twelve months is around 7.25%, more than FLTR's 4.73% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLTR VanEck Vectors Investment Grade Floating Rate ETF | 4.73% | 4.97% | 5.93% | 6.07% | 2.29% | 0.63% | 1.49% | 3.05% | 2.67% | 1.69% | 1.16% | 0.71% |
SEIX Virtus Seix Senior Loan ETF | 7.25% | 7.52% | 8.09% | 8.74% | 5.76% | 4.16% | 3.75% | 3.82% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SEIX and FLTR have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SEIX has higher volatility (0.34%) compared to FLTR (0.25%). In terms of maximum drawdown, SEIX dropped -17.51% vs FLTR's -17.84%.
On 5-year performance, SEIX leads with 5.74% vs 4.50% for FLTR. On fees, FLTR is cheaper at 0.14% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, SEIX has performed better with a 5.74% return vs 4.50%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
FLTR is cheaper with a 0.14% expense ratio, compared with 0.57% for SEIX.
SEIX has the higher dividend yield at 7.25%, compared with 4.73% for FLTR.
SEIX is categorized as Bank Loan, while FLTR is Corporate Bonds. SEIX tracks Credit Suisse Leveraged Loan Index, while FLTR tracks MVIS US Investment Grade Floating Rate Index. They also come from different issuers: Virtus and VanEck. Their fees differ too: 0.57% for SEIX and 0.14% for FLTR.
FLTR currently has the higher Sharpe Ratio (6.77 vs 3.77), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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